Answer:
By what percentage did the price of a dozen eggs rise?
- [($2.75 - $0.96) / $0.96] x 100 = 186.46%
By what percentage did the wage rise?
- [($21.26 - $14.28) / $14.28] x 100 = 48.88%
In order to earn enough to buy a dozen eggs, a worker had to work <u>4.04</u> minutes in December 2000 and <u>7.76</u> minutes in December 2015.
- ($0.96 / $14.28) x 60 = 4.04 minutes
- ($2.75 / $21.26) x 60 = 7.76 minutes
Workers' purchasing power in terms of eggs between 2000 and 2015.
- purchasing power in terms of eggs in 2000 = 14.875 dozens of eggs per hour
- purchasing power in terms of eggs in 2015 = 7.76 dozens of eggs per hour
Answer:
$174,240
Explanation:
Beginning inventory = $162,700
Purchases = $458,700
Sales revenue = $638,800
Cost of goods sold = sales × ( 1 - Gross profit )
= sales × ( 1 - Gross profit )
= $638,800 × ( 1 - 0.30 )
= $638,800 × 0.70
= $447,160
Now,
Estimated ending inventory destroyed in fire
= Beginning inventory + purchases - Cost of goods sold
= $162,700 + $458,700 - $447,160
= $174,240
Answer:
If country A is able to produce the same units of computers at a lower cost than country B under similar production conditions.
Explanation:
<em>If under similar conditions of input and production process, country A is able to produce more units of computer than country B, then A is said to have an absolute advantage over B. </em>
By definition, absolute advantage is the capacity of an establishment, person, country, or organization to produce a higher output with similar input and production process when compared to another establishment, person, country, or organization.
In other words, an entity will have an absolute advantage over another if the former is more efficient in its production.
Answer:
Supplies Expense = $24,000
Supplies = $24,000
Explanation:
given data
bought for CPA firm = $32,000
supplies on hand = $8,000
solution
we know here that when $8000 supplies available out of $32,000
so supplier during period will be = $32,000 - $8000
supplies expense = $24000
and that is express as
Accounts title Debit Credit
Supplies expense $24,000
Supplies $24,000
Answer:
because i think fallowers should say out of social media
Explanation: